Profitable Ice Cream Franchise Next to the Beach!

San Diego, CA (San Diego County)

Ice Cream Shop for Sale San Diego
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Asking Price: $140,000

Cash Flow: $87,857

Gross Revenue: $387,444

EBITDA: N/A

FF&E: $30,000

Inventory: $3,000*

Rent: $4,845 /Month

Established: 1999

*not included in asking price.

Profitable Ice Cream Franchise Next to the Beach!

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Business Description

Location, location, location! Don't miss this unique opportunity to own a profitable turn-key quick serve ice cream franchise with experienced staff in place. Located two blocks from the ocean in the heart of one of the more popular North County San Diego beach communities. This popular ice cream concept sees hundreds of tourists daily during the busy summer season and has been recently upgraded with a new compressor and freezer floor. Original build-out and start-up costs in 1999 exceeded our current asking price. Business has been owned and operated for over 20 years by the original owners who have become more absentee in recent years. Favorable 5-year lease terms and landlord seems amenable to add additional options. Seller states that prices are about 10%-15% lower than other inland franchises, so there is room for price increases, especially since they serve an affluent tourist market that is not extremely price sensitive. The net income is reflective of the new owner replacing the current manager's salary.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,967
Lease Expiration:
1/1/2024
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location with 2,967 sq.ft. Total Rent is $4,845. Lease Ends 1/2024. There is 1FT employee and 2 PT employees. Hours Open: Sun-Thurs 11am to 10pm, Fri-Sat 11am to 11pm
Support & Training:
2 Weeks
Reason for Selling:
Full Time Occupation
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Spencer Sigoda

Business Listed By:
Spencer Sigoda

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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